Company activities are governed by the Kumul Petroleum Holdings Limited Authorisation Act 2015, which mandates it as the corporate nominee to hold and manage State interests in oil and gas projects in the country.
KPHL manages its petroleum licence interests through a number of subsidiary companies.
KPHL has enjoyed unqualified audits every year since 2014, demonstrating the company’s good governance, transparency and accountability. Once accounts are audited, a summary is included in the KPHL annual report. As these become available they will be posted on this web site.